The global motor lamination market size is expected to grow by USD 4.21 billion as per Technavio. This marks a significant market growth compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. Moreover, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 6%. Request Free Sample Report on COVID-19 Impacts
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Technavio has announced its latest market research report titled Global Motor Lamination Market 2020-2024 (Graphic: Business Wire)
Read the 120-page report with TOC on “Motor Lamination Market Analysis Report by Material (Silicon steel, Cold rolled lamination steel, Cobalt alloys, Nickel alloys, and Others) and Geography (APAC, Europe, North America, MEA, and South America), and the Segment Forecasts, 2020-2024”.
The market is driven by the increasing